Protium

The ongoing geopolitical tensions have caused logistics bottlenecks that have also impacted MSMEs. The supply chain disruptions have increased delays in acquiring raw materials by approximately 65%. Delayed shipments further kick the domino effect for MSMEs in the form of slow production, missed delivery deadlines, and increased storage costs. To tackle situations like these, MSMEs can strengthen their local network of suppliers and diversify their sources to avoid over-reliance on one single resource. Further, they can secure working capital through trusted NBFCs like Protium to ensure the resultant cash flow disruptions do not add to the issue. #MSME #Protium #SupplyChain #BusinessGrowth #WorkingCapital #Logistics

The inflation level is set to hit the 5.7% mark; how can the MSMEs prepare to turn this challenge into opportunities? From AI adoption to financial resilience, these 7 resolutions can help small businesses thrive in an evolving economy.  Find out how! #MSME #Inflation #MSMEGrowth #MSMEBeatingInflation #BusinessResilience #ProtiumFinance

The Income Tax Department first introduced the concept of a faceless assessment in 2021, and it has been a successful course. Following this, EEPC (Engineering Export Promotion Council of India), in its pre-budget recommendation, suggests implementing it for GST assessment. The move is said to benefit MSMEs in the following manner: -Lower compliance costs (no paperwork or in-person visits required) -A smoother, quicker audit process -Hassle-free navigation through complex tax systems By easing the regulatory burden, the initiative could also further enhance India’s 'ease of doing business,' fostering a more investor-friendly environment that can drive economic growth. Result? MSMEs get a better chance to thrive and expand in the competitive market. #MSMEMonday #ProtiumFinance #MSMEGrowth #EaseOfDoingBusiness #MSMEFinance #GSTAssessment #FacelessAudit #MSMEInnovation

💡Decoding - Working Capital💡 Working capital is a business's daily energy source! It's the cash required to keep things running; for eg - paying bills, stocking inventory. A positive working capital means you're in a healthy spot. #MSME #WorkingCapital #FinancialLiteracy

This week's Pro Tip by Protium focuses on how smart planning can help MSMEs avoid the year-end rush and boost their profits. #ProTipByProtium #YearEndRush #StrategicPlanning #BusinessGrowth

🎄This Christmas, let Protium Finance be your Santa! 🎅🎁 Whether it’s expanding your business, upgrading your infrastructure, or managing cash flow, we’ve got the perfect financial solutions for your business. Visit our nearest branch now! #ProtiumFinance #MSMESupport

Agriculture supports 42.3% of livelihoods & contributes 18.2% to India's GDP. Today, on Kisan Diwas, we pay tribute to this backbone of our nation whose tireless efforts ensure food security and drive India’s economic progress. #Protium #FuelingAmbition #KisanDiwas

#Protium is hiring Sale Managers. If you have up to 8 years of experience in the NBFC sector, specializing in sourcing Loan Against Property, and are seeking new opportunities, please email your resume. #FuelingAmbition#HiringNow#JobAlert#Kancheepuram#Vellore#Erode#Tirunelveli#Davanagere#Hubli#Hassan

#Protium is hiring Sale Manager in Machinery Loans. If you have up to 8 years of experience in the NBFC sector, specializing in sourcing Machinery Loans, and are seeking new opportunities, please email your resume. #FuelingAmbition#HiringNow#JobAlert#Hyderabad#Vijayawada

#Protium is hiring Sale Managers for Business Loan. If you have up to 8 years of experience in the NBFC sector, specializing in sourcing Business Loan, and are seeking new opportunities, please email your resume. #FuelingAmbition#HiringNow#JobAlert#Ahmedabad#Surat#Chennai#Hyderabad#Bengaluru